What it sells
Marketplace for life science supplies.
Business model breakdown
Buyer: who owns the budget?
UnverifiedLab managers / PIs and procurement or finance at life science companies and university procurement offices
Trigger: what makes them buy now?
Lab supply ordering and inventory run in spreadsheets and email; need approval routing, spend control and compliance as a lab grows
Workflow: what inputs become what output?
Request supplies, route approvals, order through Quartzy Shop (10M+ products) or punchout, track delivery, update inventory, reconcile PO/invoices (3-way match to NetSuite/QuickBooks)
Economics: what it saves and how it charges
Subscription for the software plus marketplace shop orders from suppliers, paid add-ons (SDS Automation, Procure-to-Pay, BioPASS purchasing service, PunchOuts); new subscribers get up to $3,000 supplier-funded shop credit
Distribution: how it reaches customers
Demo-led and self-serve email onboarding; supplier partnership and distributor directory
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Summer 2011 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.